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L’Oréal to Acquire 10% Stake in Swiss Skin Care Company Galderma

L’Oréal to Acquire 10% Stake in Swiss Skin Care Company Galderma

Galderma, originally set up as a joint venture between Nestle and L’Oreal before the latter sold its 50 percent stake in 2014, listed an initial tranche of its stock in late March. L’Oréal will now acquire a 10 percent stake for an undisclosed premium from Sunshine SwissCo AG – a consortium led by Swedish private...